A brand new auto carrier has come out with some fantastic technology. Birthed in Silicon Valley and now located in Ohio this tech savy insurance carrier has created an app that uses your phone’s sensors to judge your driving for the first 2 weeks or so to determine your rate. It takes a few weeks to judge your driving skills BEFORE they even issue you a quote. Most people forget they are “testing” after a few days so don’t be racing like a high schooler. They company states the data will only be used to determine if the company wants to quote you during the test period. The app is easy to use and takes a picture of your drivers license to make the process uber easy. Your data will not be shared with any other company and they own the technology within the app. In addition, about 30% of the drivers will not qualify so they never see a quote. The company send a nice “Dear John” email to state, Thanks, but NO THANKS! I would prefer, our data shows you drive like an idiot. 🙂
In addition, they even pay you $25 just to check if they can beat your current rate and give you a score. Suck it GEICO. The green reptile places over a billion dollars worth of ads on TV for what purpose? You ever wonder if that $1B ad budget ever gets added to your premiums? FYI, 15 minutes could make you a lottery winner too.
Hats off to this forward thinking company. FYI, they only deal directly with customers so insurance agents are not welcome. Ouch. Oh well, this is why I developed my VIP program to always do what is best for my clients regardless of commissions, bonuses, or any other financial incentive. To learn more about my VIP program visit www.myinsurancesucks.com
Not available in all states
If the rate wins you can also have the APP do the following for you too
Full Disclosure…..I only scored 6 out of 10